The 12-Month Rate of Returns Over a Three Year Period

question 123

Short Answer

The 12-month rate of returns over a three year period of a particular stock is 0.099, -0.289, and 0.089. The geometric mean rate of return per year for this stock is ________.

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Definitions:

Festivities

Social events or gatherings, often celebrating particular holidays, cultures, or events, that involve various forms of entertainment and activities.

Group Pressure

The influence exerted by a group on its members to align their attitudes, beliefs, or behaviors with the group norms.

Solomon Asch

He was a psychologist best known for his research on conformity, showing how individuals often conform to the opinions of the majority even when they are contrary to their own beliefs.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is perceived as social norms.